ECT 0.00% 0.2¢ environmental clean technologies limited.

ect funding, page-25

  1. 2,871 Posts.
    Great post amazed. Reading between the lines...

    The $4 million might be part of a bigger package of funds for a multitude of projects. ECT's funds represent a small part of the bigger package they are trying to organise (through a financier or group of).

    If there is a delay with this procedure, they will fork out $6 million from their own coffers to ensure ECT are not at commercial risk of running out of funds.

    The penny just dropped and it makes perfect sense to me now...

    A very good announcement and people should take the time to read it a few times.

    I'm very confident we will see some cash soon.
 
watchlist Created with Sketch. Add ECT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.